So which is the most important utility we need to have ? ....any guess ?

The most important utility is : RETIREMENT CORPUS MONEY !!

Its a cruel fact that when we will retire we will not have any fixed pension plan as Govt of India

has scrapped the same...so what to do then ? Complain ? No... then what ? TAKE ACTION and plan

out for your rainy days ahead coming after 20-30 years.

Now its easier said than done....fine. So dear friends I have attached a wonderful retirement corpus generating scheme

(BTW: whats a Corpus ?.....simply understand : UNTOUCHED - APPRECIATED MONEY) for all of you..hence the mail is sent to ALL_WADALA!! The wonderful scheme is PPF [Public Provident Fund] which appreciates your hard-earned money over the years

using POWER-OF-COMPOUNDING, also gives you full benefit under Income Tax-Sec 80C.

Key features:

W.E.F 1-DEC-2011: PPF Limit is enhanced to Rs.1,00,000/- per Financial Year. earlier its was Rs.70,000/-

Interest rate Enhanced from 8% to 8.6%

Full Benefit under SEC-80C

Assured money with appreciation as GOVT of India credits Interest.

Full Benefit Can be exploited only when you Invest on/between 1-5 APRIL, as interest calculation of PPF is done PER-FY-BASIS.

Now after reading all the above theory....I would like you to download the Excel - Attachment where I have shown the actual PPF

illustration where you can see how after Investing Rs.1lakh on every 1-APRIL of each Financial Year with discipline you can generate

and reap excellent benefits.

Remember Financial Planning / investments should NEVER be an emotional decision, but should be based on mathematics!!